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Search Results for: investment+manufacturing

Smartwool launches ‘first’ circular sock with repurposed yarns
Merino wool sock manufacturer Smartwool has introduced its first pair of circular socks created with yarn recycled from its 2021-launched Second Cut sock takeback program. One of the first companies
Circ raises $25 million in additional funding
Virginia-based textile recycling company, Circ, has raised US$25 million in funding with support from European online fashion platform Zalando and global materials science and digital identification
Pili raises $15.8M to accelerate development of biobased dyes & pigments
French biotech and green chemistry company, PILI, a pioneer in decarbonizing the color industry, has raised $15.8 million in Series A funding to accelerate its industrialization by producing the
Haelixa, Woolmark, Vitale to trace origin of wool
Swiss traceability company, Haelixa, The Woolmark Company, the prestigious Italian wool fabric mill Vitale Barberis Canonico (VBC), took part in a trial to trace Australian wool fibers up to the
Aurora IP assists sustainable facilities for Vietnam's textile and garment sector
The Nam Dinh province in Vietnam has built the Aurora Industrial Park (IP), a clean, green, and sustainable textile industrial park, to promote sustainable development and satisfy investor growth
Shein commits to invest £12.2m to improve standards at suppliers’ factories
Fast fashion retailer Shein, announced intentions to revamp hundreds of factories in its supply chain by investing £12.2 million ($15 million) over the next three to four years. The investment
Closed Loop Partners & Brookfield Renewable partners to launch Circular Services
Closed Loop Partners (CLP) and Brookfield Renewable have officially announced the launch of Circular Services, a leading developer of circular economy and recycling infrastructure in the US. By
Stony Creek Colors raises $4.8 million in series B2 funding
Stony Creek Colors, a Springfield, Tennessee-based manufacturer of natural indigo dye, has closed a $4.8 million Series B2 funding round co-led by the company’s longtime partners, Lewis &
Avient launches new tracer technology for garment fibers
In order to assist brands in verifying the information provided on labels, the sustainable material specialist Avient Corporation has introduced a new method to identify the origin of fibers in
Protein Evolution launches plastic and textile recycling technology
Protein Evolution, Inc. (PEI) has helped the chemical industry make the shift to a circular economy with lower carbon emissions by introducing ground-breaking technology that turns textile and
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